The NGO Co-Financing Fund is intended to assist NGOs which are capable of managing specific project development issues but not necessarily well equipped to deal with the demands of the required financial element stipulated under the respective EU Funded Programme that the beneficiary had applied for. The co-financing funds are intended to complement and not replace existing activities supported by EU funding.
The NGO Co-Financing Fund shall not be considered as proof for co-financing when applying for EU Funded Projects.
Being a Voluntary Organization in possession of a valid Voluntary Organization Certificate number and being financially involved in the implementation and the co-financing, even as a partner, of a European Funded Project in the past year.
Project Closure Report dated later than one year from submitting the application for the NGO co-Financing Fund.
Failure to honour obligations agreed to in the Contract signed with the NGO Co-Financing Fund.
European Funding awarded for the project is already considered as covering 100% of the eligible expenditures.
For more information contact Mr Matthew Zarb on email email@example.com or telephone no. 25982570.